Wizard
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Wizard
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February 27th, 2017 at 6:49:20 AM permalink
My long time followers know that I have been betting the Academy Awards since 2004. My strategy is simple -- bet the big favorites. The winners are mostly known in advance so it has been mostly easy money. The biggest upset was Crash beating out Brokeback Mountain for best picture in 2005. Brokeback was about a -450 favorite.

I'm glad I completely forgot to both bet and watch the awards yesterday. A few times in the day I said to myself that when I get to my computer I need to bet. However, every time I got there, I just forgot. Maybe because I saw so few movies nominated this year that I just didn't care.

Glad I forgot! There was a huge upset for Best Picture. La La Land was a -700 favorite. The announcer even called them as the winner. However, you've probably heard by now there was a Steve Harvey incident of the wrong winner being called. The actual winner was Moonlight*. Below is an uncut video of the fiasco. So, in case anyone was worried that I jumped off a bridge last night, I'm fine.

* Corrected

Last edited by: Wizard on Feb 27, 2017
It's not whether you win or lose; it's whether or not you had a good bet.
GWAE
GWAE
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February 27th, 2017 at 6:51:22 AM permalink
I found it hilarious. Did you also see that they had the wrong picture of someone during the dead people thing?
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Ibeatyouraces
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Rigondeaux
February 27th, 2017 at 6:53:47 AM permalink
The Russians hacked the show.
DUHHIIIIIIIII HEARD THAT!
ams288
ams288
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February 27th, 2017 at 6:59:48 AM permalink
Quote: Wizard

The actual winner was Dreamland.



Moonlight.
Ding Dong the Witch is Dead
ThatDonGuy
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February 27th, 2017 at 7:39:40 AM permalink
Did any Vegas books accept bets on the Oscars? I was under the impression that the Gaming Commission authorized it this year.

Meanwhile, I wonder how many people who bet on La La Land collected before the mistake was announced...
Wizard
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Wizard
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February 27th, 2017 at 8:15:49 AM permalink
Quote: ThatDonGuy

Did any Vegas books accept bets on the Oscars? I was under the impression that the Gaming Commission authorized it this year.



I didn't hear of any. I know they liberalized what you can bet on but I don't know the specifics. I did see some bets on the Olympics. The rule there is you can't bet on events where the winner is largely determined by judges, like gymnastics.

Quote:

Meanwhile, I wonder how many people who bet on La La Land collected before the mistake was announced...



In my experience, Internet sports books usually take an hour or so to pay on anything. For example, if you bet whether the first score would be a touchdown in the Super Bowl, and you won, it would take about an hour to get paid. In the event anybody paid it immediately, I think they would take the funds back with a word of explanation.
It's not whether you win or lose; it's whether or not you had a good bet.
Rigondeaux
Rigondeaux
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February 27th, 2017 at 9:44:57 AM permalink
Same here.

I used to be a big film buff, but now I have no clue what any of these movies are about. Even back then, I never cared about the oscars, or most of the films nominated, but I was at least aware that they were going on and knew about the films. I was saved by my ignorance of the outside world.

However, I might just check out Moonlight. A friend with reasonable taste says it is the best film he's seen in 5 years. There's no way I'll like it THAT much, but I'm open to the idea that it's an excellent film.
ams288
ams288
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February 27th, 2017 at 10:02:06 AM permalink
I miss the days of only having 5 Best Picture nominees.

Opening it up to possibly having 10 a year is too many. It dilutes the prestige of the award.
Ding Dong the Witch is Dead
DJTeddyBear
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February 27th, 2017 at 10:32:45 AM permalink
I would think it dilutes the prestige of being a non-winning nominee.

The winner is still the best of the year, not the best of 5 or best of 10. Then again, best of 10 is better than best of 5. So maybe winning is now MORE prestigious...
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Paradigm
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February 27th, 2017 at 12:12:00 PM permalink
Quote: Wizard

..... However, you've probably heard by now there was a Steve Harvey incident of the wrong winner being called.


This was actually an "Academy" or "Price Waterhouse Coopers" incident, depending on who is actually in charge of sealing the envelopes and delivering them to the onstage announcement celebrities. I felt bad for Warren & Faye as they likely will be linked to this "incident" forever, when in fact Warren was given the wrong envelope or had a duplicate envelope from Best Actress that was given to him prior to going on stage.

I thought he was messing around trying to be comedic when he took a 2nd look in the envelope...but he was looking at a card that said "Emma Stone/La La Land" (the winner of the Best Actress Award announced immediately before Best Picture) and didn't know what to do. Faye then mistakenly thought he was joking around and just read out La La Land,. This is on the Academy or PWC, and I think it is the latter, so it will be very interesting to hear the fallout at Price Waterhouse Coopers and whether they retain the Academy Awards as a client.

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